United States Economic Optimism Index

Last Release

Jul 31, 2024

Actual

44.2

Units In

N/A

40.5

Frequency

Monthly

Next Release

N/A

Time to Release

N/A

Highest	Lowest	Average	Date Range	Source
62.9 Mar 2002	35.8 Aug 2011	49.14	2001-2024	Technometrica Market Intelligence/The Investor's Business Daily

IBD/TIPP Economic Optimism Index measures Americans' opinions and outlooks on the economy. The index is based on a nationwide survey of 900 adults and evaluates six-month economic outlook, personal financial outlook, confidence in federal economic policies. Reading above 50 indicates optimism, and below 50 indicates pessimism.

Latest Updates

The RealClearMarkets/TIPP Economic Optimism Index in the US rose by 3.7 points to 44.2 in July 2024, the highest level in six months, up from 40.5 in June and surpassing forecasts of 41.2. Still, the index has been in negative territory for 35 consecutive months since September 2021. The Six-Month Economic Outlook, which measures how consumers perceive the economy's prospects in the next six months, improved by 10.6% to 40.7 in July, from 36.8 in June. Also, the Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months, improved by 8.4% to 51.9 this month from its previous reading of 47.9 in June. Moreover, confidence in Federal Economic Policies, a proprietary RCM/TIPP measure of views on the effectiveness of government economic policies, rose by 9% to 40.0 this month, up from 36.7 in June. Optimism among investors rose to 53.6 in July from 48.5 in June, and it increased among non-investors, to 39.4 in July from 37.7.